Ethereum Flashing Huge Bearish Signal, ETH Price Could be in Deep Trouble if it Drops Below These Levels!

After the launch of Phase 0 ETH 2.0 Beacon Chain in December 2020, the community is eagerly waiting for the merger. The event was deferred multiple times before. However, the mainnet merge, despite having fewer possibilities of major flaws and outrage, could still face some turbulence.  The testnet merge results included 14% of validators having ….

Timeline of Ethereum

Lido Staked Ethereum (stETH), a token that represents staked Ethereum on defi platform Lido, has depegged sharply in the past 24 hours. stETH is down nearly 4% in the past 24 hours at $1,695.28.

Analytics firm Santiment says the world's most affluent crypto investors remain bullish on Ethereum (ETH) despite the downturn in the market. According to Santiment, the top 10 non-exchange wallets maintain a high ratio of Ethereum in their portfolio and now hold 3.4 times more ETH than exchanges. The firm says this suggests the largest whales The post Top Crypto Whales Keep a Firm Grip on Ethereum (ETH) While Accumulating One Top-25 Altcoin: Analytics Firm appeared first on The Daily Hodl.

Ethereum supporters can start to countdown as the merge is so damn close! Ethereum developers' team announced on this week that Ethereum's Merge has successfully taken place on Ropsten Testnet.

Ethereum is making the headlines this week as the highly anticipated Merge is deployed on Ropsten for final testing phases. The post How the Ethereum Security Model Will Make It a Unique Asset appeared first on BeInCrypto.

Blockchain transaction data shows that the Optimism (CRYPTO: OP) hacker sent a million OP tokens to the wallet of Ethereum (CRYPTO: ETH) creator Vitalik Buterin. What Happened: An alert from blockchain security firm PeckShield revealed that a million OP tokens, worth around $874,000 at the time, was sent to Buterin's Ethereum wallet address.

Ethereum (ETH) has dropped mercilessly in the last two weeks, trading below the $1800 mark. However, due to a successful Merge on the Ropsten testnet, favourable on-chain statistics, increased whale holdings, and other positive variables, prices may be able to stabilize at current levels. On June 8, the Ethereum team successfully completed the Merge on …

The Aztec protocol plans to update its L2 privacy system on the Ethereum network to the latest version. Accordingly, the new version of the update is called “Connect” and is designed to provide privacy for smart contract data.

Ethereum developers have successfully merged the veteran Ropsten testnet with its beacon chain. This marks one of the last steps before the ultimate penultimate mainnet transition scheduled for August.

Ethereum price analysis is bearish today as we have seen further consolidation and an inability to recover over the last 24 hours. Therefore, ETH/USD should follow along with the overall trend and break lower again by the end of this week.

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